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Sebastien Bourdais drove for KV Racing Technolgy in 2016. He has since moved on to Dale Coyne Racing. Photo by LAT PHOTOGRAPHIC

IndyCar team KV Racing Technology closes its doors

Team won the 2013 Indianapolis 500 with driver Tony Kanaan

February 16, 2017

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After 14 years and a 2013 Indianapolis 500 win, KV Racing Technology is closing its doors and will not field a team in the 2017 Verizon IndyCar Series season.

The team was owned by former CART champion Jimmy Vasser and Australian businessman Kevin Kalkhoven.

The team had seven victories during its IndyCar lifetime, including Tony Kanaan's Indy 500 victory.

"I have really enjoyed my time in the series, helping with reunification and, of course, winning The Greatest Spectacle in Racing -- the Indianapolis 500," Kalkhoven, 72, said in a statement. "It is my firm belief that the series is on a major upswing under the leadership of Mark Miles and Jay Frye and has a bright future.

"However, as I approach 73, I feel I can no longer give the team the effort and support it and the team members deserve."

The team fielded driver Sebastien Bourdais the past three years. Bourdais announced earlier this offseason a move to Dale Coyne Racing. The team had not replaced Bourdais.

“It has been a journey of many ups and downs, but I will always remember winning the 2013 Indy 500," Vasser said. “Indy-car racing has been a part of my life for 25 years; it is in my soul, and it will be interesting to see where it takes me from here.”

Mike Pryson
- Mike Pryson covered auto racing for the Jackson (Mich.) Citizen Patriot and M-Live Media Group from 1991 until joining Autoweek as online motorsports editor In 2012. Promoted to motorsports editor in 2015.
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